The problem with sales-oriented pricing objectives is that
A. larger sales don't necessarily lead to higher profits.
B. many managers are evaluated by their level of sales.
C. the number of units sold does not consider possible growth in the market.
D. sales growth usually leads to declining profits.
E. None of these answers is correct.
Answer: A
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Your supervisor has suggested that you down-edit your e-mail message when replying to be more efficient. What should you do?
A) Insert your responses to parts of the incoming message, and include only those parts of the incoming message to which you are responding. B) Place your reply at the bottom, after the original message. C) Delete the original message altogether before adding your reply. D) Write your reply using all lowercase letters.
On December 15 of the current year, Conrad Accounting Services signed a $40,000 contract with a client to provide bookkeeping services to the client in the following year. The client paid the entire $40,000 on the date the contract was signed. Which accounting principle would require Conrad Accounting Services to record the bookkeeping revenue in the following year and not the year the cash was received?
A. Going-concern assumption. B. Monetary unit assumption. C. Revenue recognition principle. D. Business entity assumption. E. Measurement (Cost) principle.
Sandra works as the supervisor of the accounting department of Welfare Co. She notices that in the month of September, the expenditure on supplies was much more than the planned budget. She looks into the surplus expenditure and finds that she had approved a bulk purchase of supplies to take advantage of a volume discount. Sandra then makes appropriate corrections so that future expenditure on supplies is in line with the planned budget. In this scenario, Sandra is primarily engaged in the management function of ________.
A. controlling B. staffing C. leading D. organizing
A family law court is an example of a small claims court
Indicate whether the statement is true or false